First line of business would be to hire a new defensive coordinator and special teams coordinator. Caldwell would keep his job based off his relationship with manning and his willingness to allow Manning g his offensive freedom. Bringing in a new coach could disrupt Manning's freedom on the field and in practices.
A defensive coach with a more aggressive attitude would've found. I would look for a special teams coach with special teams onfield experience whom can help kick returnees identify when to run when fair catch the ball. Tressel would be brought down to help Caldwell with coaching decisions.
Reggie Wayne would be released, unless wants to take a small short contract.
Manning's contract is reworked to keep Mathis and sign a rookie or cheap reciever. If manning retires then we hire him as offensive coordinator, no price too high for him here.
1. Andrew luck - the talent is there. Promised only one year as sitting backup, with the second year promised minimum starting half the games if manning is kept beyond year one.
2. CB, our corners are horrible.
3. Safety, someone durable with good instincts.
4. CB, yes another but really they are horrible.
5. WR, tall route runner. We need someone who can take the ball out of the air.
6. TE, we all know that when manning goes so does Clark, Saturday, and probably addai.
7. Trade rest of picks for next years draft.
Next years draft focus on a center, te, diem replacement, and de.
Have luck focus on how peyton leads practices and his game footage preperation. This is a all out year for manning and a year for luck to learn NFL defense formations and how to disect them perfectly.
Luck would only be brought in to play when a 17 point lead is had and the opposing team is pretty weak.
The following year manning would be given a few options.
A. Return while allowing luck to start half the games.
B. Be traded to the team of his choice outside the arc south.
C. Retire and become hc or offensive coordinator.